The English-language forum for all things Latin American, covering business, politics, and culture.

Friday, December 4, 2015

Daily Headlines: December 4, 2015

* Latin America: A court in El Salvador ordered former President Francisco Flores to stand trial on corruption charges days after an Argentine tribunal sentenced ex-leader Carlos Menem to four-and-a-half years in jail for embezzlement.

* Ecuador: Police in Quito clashed with protesters angry over the National Assembly’s decision to approve a series of constitutional amendments including eliminating presidential term limits starting in 2021.

* U.S.: The U.S. Department of Justice named sixteen Latin American soccer confederation executives including the current presidents of the regional CONCACAF and CONMEBOL entities as part of its widening investigation.

* Brazil: Stocks in Brazil tumbled this week reportedly due to investors worried that “the process to impeach President Dilma Rousseff may take months and involve several votes in Congress.”

YouTube Source – teleSUR English (“Former Salvadoran President Francisco Flores has been ordered detained and held for trial on charges of misappropriating US$15 million in Taiwanese aid donations.”)